U.S. Stocks Close Sharply Lower After Weak Economic Data, Apple Warning

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Dow closes down more than 600 points as weak economic data and a rare sales warning from Apple sparked new worries about a global slowdown

 

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It’s more than just the trade war with China. Dig into the regional sales data and you will discover some frightening numbers.

It is Apples own fault

Just because no one want to buy Apple’s overpriced and outdated products, does not mean China’s economy is a problem. Other vendors don’t seem to have any problems. Apple in denial.

Apple might be getting too political -- inserting political opinions into their products.

Apple has price themselves out of the market. They need to learn that most people can’t afford $800-1000 for an iPhone. They need to get back to producing phones at more reasonable price. The bells and whistles are not worth the high jump in price for average people.

Thanks trump/sarc

Up 1000 one day, down 8,000 the next. Up again 359,000 the day after, down 18,000,000 the day after that. Really. Who gives a shit.

apple has to chop down its tree of high, bloated prices to survive with phones/etc that are just as good or better for a much lower price point. reality, apple is you have to be much cheaper if you want to make a profit (just make and sell more).

Wonderful... We start the New Year with our first Trump Crash, probably the first of many.

TrumpShutdown Trumpcrash

Gee, another “glitch”?

shelbyholliday Just a reminder..... Trump went bankrupt 6 times, now he is working his magic on the US Economy.

Dow getting very close to where it was when Obama left office. Down 4300 points from its high. Social security was hit by our politicians over the years and CD’s were paying less then 1 percent. We were told find other places to invest if you want to live comfortably. Genius’s ha

What else did they expect? Selling iPhone XS Max 512GB for £1449!! That’s ridiculous. There are better phones out there for a lot less price than iPhone Max. (Tweeting via iPhone XS Max 😑)

realDonaldTrump If you had kept steady hand, economy in America would be prospering, as well as most of us with money in market & bonds. You took an unnecessary hammer to economy with your anti-Amazon craziness, tariffs, shutdowns, and general ignorance of global economics.

What is the market down since Election Day?

NewsRadio930 The Dow started its decline when Democrats won in November and took over the House. It’s not a coincidence that markets have declined when Democrats assumed any power.

Where are the triggers put in place to prevent precipitous drops⁉️...someone is stealing from us while fed cheers them on

ever since the democrats came back into power the stock market has gone to **** coincidence?

Thanks Great Deal Maker Trump....

No other POTUS in the history of our existence has kept WeThePeople as informed into the presidency & government as Mr realDonaldTrump has. 🇺🇸 This POTUS cares about being open, transparent & keeping ALL OF US enlightened. 🇺🇸 Deep state hates it.

And the Democrats take back the House - let's not forget that. You wouldn't if it had been the Republicans.

Trump calls the stock market drop 'a glitch.' I call it an expensive personal loss and I blame Trump and his policies for the stock market tumble.

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